Hochschild Mining (LON:HOC) Shares Up 12.6% – Still a Buy?

Hochschild Mining plc (LON:HOC) shares traded up 12.6% during mid-day trading on Thursday . The company traded as high as GBX 224.50 ($2.91) and last traded at GBX 216 ($2.80). 3,533,057 shares changed hands during mid-day trading, an increase of 25% from the average session volume of 2,837,316 shares. The stock had previously closed at GBX 191.80 ($2.49).

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Canaccord Genuity Group reissued a “buy” rating and issued a GBX 285 ($3.70) price objective on shares of Hochschild Mining in a report on Wednesday. JPMorgan Chase & Co. reissued an “overweight” rating and issued a GBX 300 ($3.89) price objective on shares of Hochschild Mining in a report on Thursday, January 23rd.

Hochschild Mining Price Performance

The company has a quick ratio of 1.87, a current ratio of 0.89 and a debt-to-equity ratio of 61.86. The firm has a market cap of £1.40 billion, a PE ratio of 46.07, a P/E/G ratio of 0.41 and a beta of 1.08. The firm’s fifty day simple moving average is GBX 196.87 and its two-hundred day simple moving average is GBX 202.45.

About Hochschild Mining

We are a leading underground precious metals producer focusing on high grade silver and gold deposits, with over 50 years’ operating experience in the Americas.

We currently operate three underground mines, two located in southern Peru and one in southern Argentina. All of our underground operations are epithermal vein mines and the principal mining method used is cut and fill.